Motor – Page 100
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News
Aggregators help small insurers boost business
Small providers of motor and household cover performed well in 2007, say researchers
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News
Allianz leads in use of recycled motor parts
Other insurers are expected to follow Allianz’s lead in using recycled parts in motor vehicle repairs.Allianz this week announced it would launch a permanent recycled parts programme, following a successful pilot project.It claimed it was the first UK insurer to offer such a scheme, which offered policyholders the chance to ...
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Battle of the sexes won
Why insurers believe gender must continue to be a factor when setting premiums
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Admiral to increase motor premium retention
Will reduce ceded co-insurance premium by 5% in 2008
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News
Equity Red Star aims to grow household account
Norwich Union chief executive Igal Mayer has defended the insurance industry in front of MPs who have accused it of trying to “backtrack” on offering cover to householders in flood-hit areas.Giving evidence to the Commons environment select committee, Mayer said the industry simply wanted to reduce the risk to an ...
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News
Motor e-certificates set to be implemented
New legislation is being drafted that will allow the electronic delivery of motor insurance certificates, which could save the industry up to £10m per year. Though the industry has welcomed the move, Biba has raised concerns over the speed of its implementation, and has called for the legislation to be ...
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Features
Motor safety issues
Insurers have a role to play in helping to cut the death toll on UK roads. Sarah Kennedy reports from the ABI motor conference
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News Analysis
Insuring the twilight years
As the population of the UK ages, more insurance companies are targeting the older consumer. But are they offering a fair deal? Michael Faulkner reports
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News
Motor market losses will increase, says Deloitte
The UK private motor market will fall further into the red in 2007, despite sustained rate increases during the year, according to Deloitte.The professional services firm said in a report that the motor market’s underlying loss would drop further from its 2006 performance before improving slightly in 2008, although still ...
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News
NU telematics system highlights driver fatigue
More than half the motorists monitored by Norwich Union’s (NU) telematics devices are exceeding the government-recommended maximum journey time without taking a break, running the risk of fatigue-induced collisions, said the insurer.Kay Martin, head of telematics, proposition and strategy for NU, said fatigue and nodding-off behind the wheel was one ...
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Paint fire engines yellow, says research
Fire engines should be painted yellow to make them more visible, according to research.Motor insurance provider yesinsureranc.co.uk said its research and a number of other studies showed that vehicles painted with darker colours, such as red, are often less visible than those which are yellow. In the insurer's research, conducted ...
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News
Brokers in HNW merger
Two brokers that have merged to specialise in the high net worth (HNW) market have ruled out acquisitions claiming that brokers who have acquired are losing clients.Smith Ross Shane and Greenfield Risk Services are to join forces to form Smith Greenfield Services. But managing director Steve Smith said it would ...
